Romania's OPCOM electricity spot volumes - Sep 25, 2023
Romania's OPCOM electricity spot prices - Sep 25, 2023
Croatia power consumption - Sep 23, 2023
Serbia power consumption - Sep 23, 2023
Bulgaria power consumption - Sep 23, 2023
May 29, 2023 13:56 EEST
May 29 (SeeNews) - Bulgaria’s MFG Invest [BUL:MFG] said that its management will propose to shareholders to approve a decision to skip a dividend payout for 2022.
The company will propose that 1.1 million levs ($602,490/562,421 euro) of its net profit for 2022, which amounted to a total of 10.62 million levs, is allocated to reserves, MFG Invest said in a bourse filing on Friday. The remaining sum of 9.52 million levs would be kept as undistributed profit.
Shareholders in MFG Invest will vote on the proposal at a general meeting scheduled for July 3, the filing showed.
Last week, the Bulgarian investment firm announced that it injected 100,000 euro ($108,221) in local entertainment company Forge Interactive as part of a 200,000 euro funding round. MFG Invest, which went public in December, has a portfolio which also includes Bulgarian-English healthtech startup FindMeCure, Bulgarian hydrogen electrolyser systems manufacturer Hydrogenera, formerly Green Innovation, and local data storing systems developer Tiger Technology.
(1 euro = 1.95583 levs)
You have run out of free articles this month.
Sign up in for
and get two (2) free articles more per month or sign up for
and get unlimited access.
Browse our free newsletter options